Ball Corporation (NYSE:BALL – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are presently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $68.4615.
Several analysts have commented on the company. Morgan Stanley set a $66.00 price target on Ball in a report on Wednesday, February 4th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ball in a report on Wednesday, February 4th. UBS Group restated a “neutral” rating and set a $66.00 price objective on shares of Ball in a report on Wednesday, February 4th. Raymond James Financial initiated coverage on Ball in a report on Wednesday, October 15th. They issued a “market perform” rating on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ball in a research report on Monday, December 29th.
Check Out Our Latest Research Report on BALL
Ball Stock Performance
Ball (NYSE:BALL – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.01. Ball had a net margin of 6.93% and a return on equity of 18.10%. The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the business earned $0.84 earnings per share. Ball’s revenue was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, equities analysts anticipate that Ball will post 3.48 earnings per share for the current year.
Ball Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. Ball’s dividend payout ratio is 24.10%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in BALL. GoalVest Advisory LLC acquired a new stake in shares of Ball during the fourth quarter worth approximately $25,000. Board of the Pension Protection Fund acquired a new position in Ball during the 4th quarter worth $26,000. Triumph Capital Management bought a new stake in shares of Ball in the 3rd quarter worth about $26,000. Rosenberg Matthew Hamilton increased its position in shares of Ball by 145.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 517 shares of the company’s stock worth $29,000 after purchasing an additional 306 shares during the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Ball by 44.1% in the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after purchasing an additional 222 shares in the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.
About Ball
Ball Corporation is a leading provider of sustainable aluminum packaging solutions and advanced aerospace technologies. Headquartered in Broomfield, Colorado, the company serves customers in the beverage, food and aerosol markets through a global network of manufacturing facilities. With an emphasis on sustainability and innovation, Ball designs and produces metal cans, bottles and ends that support recycling and reduce environmental impact.
The company’s packaging segment specializes in beverage cans for soft drinks, beer and energy drinks, as well as metal packaging for food and personal care applications.
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